Barclays Maintains Equal-Weight on Hewlett Packard, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Equal-Weight rating on Hewlett Packard (NYSE:HPE) but has reduced the price target from $16 to $15.

November 29, 2023 | 10:40 am
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Barclays has maintained an Equal-Weight rating on Hewlett Packard (HPE) and lowered the price target from $16 to $15.
The reduction in price target by Barclays, despite maintaining the Equal-Weight rating, could be perceived negatively by the market, potentially leading to a short-term decline in HPE's stock price. The adjustment reflects a more cautious outlook from the analyst, which may influence investor sentiment.
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